Anticipated in use by up to 65% of enterprise by 2020, Blockchain technology represents a distributed ledger approach to authentication, clearing and settlement that is poised to rapidly move beyond the FinTech sector into many other areas including the Internet of Things (IoT). Blockchain solutions are not yet mainstream, but already making a big impact as the technology is highly disruptive in the banking and general financial services sector. Accordingly, leading incumbent banks are in various stages of development, testing, and deployment of the technology to enhance various applications including remittance management, smart contracts, identity management, asset trading, ownership management, digitization of physical assets, and many more.

Lessons learned in FinTech and traditional banking from applying a decentralized authentication, clearing and settlement approach via Blockchain will be applied towards many telecom and computing problems for the benefit of many industry verticals. IoT in particular is a very promising area as Mind Commerce anticipates that the technology will be one of the key means for authenticating and authorizing IoT transactions. We see Blockchain as a Service representing a key service offering for many market segments to introduce and ultimately adopt this approach as part of business operations.

This research examines the technology, leading companies, and solutions in the evolving Blockchain ecosystem. The report evaluates current and anticipated use cases for Blockchain and assesses the market potential globally, regionally, and segmented by deployment type and industry vertical for the period 2017 to 2022. All purchases of Mind Commerce reports includes time with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within three months of purchasing the report.